Global Butane Gas Cartridges market outlook 2024, Forecast To 2033

26 Jan, 2024

The butane gas cartridges market has exhibited robust growth, surging from $0.5 billion in 2023 to $0.53 billion in 2024, with a notable compound annual growth rate (CAGR) of 6.1%. This expansion in the historical period is attributed to the heightened appeal of outdoor recreational activities, a growing need for portable and user-friendly fuel sources for cooking and heating, increased urbanization fostering demand for convenient portable energy solutions, the emergence of compact gas-powered appliances, and a rising number of foodservice businesses employing portable stoves. Anticipating continued momentum, the market is projected to experience substantial growth, reaching $0.68 billion in 2028 at a CAGR of 6.3%. This upward trajectory in the forecast period is driven by an increasing preference for eco-friendly and recyclable butane gas cartridge materials, the flourishing global e-commerce market facilitating online sales and distribution, the adoption of butane gas cartridges for emergency preparedness and disaster relief, expanding applications in industrial and construction sectors, and a rising demand for convenient and energy-efficient solutions. Noteworthy trends in the forecast period include the integration of butane gas cartridges into portable power generators, the incorporation of safety features like pressure relief valves and leak protection, technological advancements in cartridge design and manufacturing, miniaturization and enhanced portability, and a growing emphasis on eco-friendly and recyclable materials.

Global Butane Gas Cartridges Market Key Driver

The butane gas cartridges market sees growth due to the increase in population density in urban areas globally. Liquefied petroleum gas (LPG), a mixture of butane and propane, is used for cooking, with India estimating LPG consumption to reach 30.3 million tons by 2030. Higher urban population density correlates with increased LPG usage, driving the growth of the butane gas cartridges market.

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Global Butane Gas Cartridges Market Segments

The global butane gas cartridges market covered in this report is segmented –
1) By Type: Below 220g/Unit, 220-250 g/Unit, Above 250 g/Unit
2) By Application: Medical, Stoves, Commercial, Other Applications
3) By End User: Pharmaceutical And Biotechnological Companies, Chemical And Petrochemical Companies, Food And Beverage Companies, Other End Users
By Geography: The regions covered in the Butane Gas Cartridges market report are Asia-Pacific, Western Europe, Eastern Europe,North America, South America, Middle East, and Africa.

Major Butane Gas Cartridges Industry Players

Taeyang Corporation, Ultracare Products, The Coleman Company Inc., Aspire Industries Inc., Marina Corporation, Kampa Limited, Zhejiang Jinyu Co. Ltd., Balkan Gasovi, Iwatani Corporation, Gasmate, Do-Well Aerosols, Kovea Co. Ltd., Seo Young Corporation, Praxair Inc., Maxsun Co. Ltd., Gabsan Development Co. Ltd., Junko Co. Ltd., Ozturk Ilac San. Ve Tic. A.S., CS Global Partners Limited, Den Hartogh Global BV, Airgas Inc., Middlesex Gases & Technologies Inc., Marathon Petroleum Corporation, Blazer Products Inc., Delek US Holdings Inc., Butler Gas Products Company, Linde LLC, Air Liquide America Specialty Gases LLC, Matheson Tri-Gas Inc., Messer Americas Inc., WestAir Gases & Equipment Inc., A-Gas Americas LLC, American Gas Products Inc., Bernzomatic Corporation, GasOne, Campingaz

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Butane Gas Cartridges Market Overview

The butane gas cartridges market consists of sales of butane gas cartridges by entities (organizations, sole traders, and partnerships) that contain liquified butane gas mixed with a much smaller amount of Propane. These are manufactured using metal for better storage function and are most commonly used for camping and picnics, sealing poly bags, metalworking, pest control, and fumigation.

Butane Gas Cartridges Global Market Report 2023 provides data on the global butane gas cartridges market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The butane gas cartridges market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.